NANCY MWAPE and STEVEN MVULA, Lusaka
GOVERNMENT has started boosting foreign reserves through payment of mineral royalty in United States dollars and holding reserves in gold, Minister of Finance Margaret Mwanakatwe has said.
By the end of February this year, Zambia’s reserve position was at US$1.43 billion, representing 1.6 months of import cover from US$1.56 billion [1.8 months of import cover] at the end of December last year.http://epaper.daily-mail.co.zm/
Dollar, gold to boost foreign reserves
